#### 7. Ripple (XRP) and banking collaboration
Ripple (XRP) is a cryptocurrency project focused on cross-border payments. It has rapidly increased its popularity and market value by cooperating with many banks and financial institutions around the world. Ripple's technology makes cross-border payments faster and cheaper, a feature that attracted many early investors. When Ripple reaches a cooperation agreement with a well-known bank, the price of XRP often rises sharply, and holders gain considerable benefits [6†source][7†source].
#### 8. The Rebirth of Tezos (XTZ)
Tezos raised $232 million through its ICO in 2017, but was on the verge of collapse due to internal disputes and legal proceedings. However, after the efforts of the team and the support of the community, Tezos successfully reorganized and launched the mainnet. Since then, the price of Tezos has continued to rise, especially in the DeFi boom in 2020 and 2021, and early investors have made a lot of money [6†source][7†source].
#### 9. Synthetix and synthetic assets
Synthetix is an Ethereum-based synthetic asset protocol that allows users to create various synthetic assets (such as sUSD, sBTC, etc.) by staking its native token SNX. The project has rapidly risen in the DeFi wave of 2020 and 2021 and has become an important part of the decentralized financial field. The success of Synthetix has driven the price of SNX tokens to soar, and early investors have received huge returns [6†source].
#### 10. Polkadot (DOT) Ecosystem
Polkadot is a blockchain interoperability platform created by Ethereum co-founder Gavin Wood, which aims to achieve interoperability between different blockchain networks. After Polkadot launched its mainnet in 2020, it quickly attracted a large number of developers and projects to join its ecosystem. The price of DOT tokens rose sharply between 2020 and 2021, becoming one of the top ten cryptocurrencies by market value, and early participants and investors made a lot of money [7†source].
Summary
These myths in the cryptocurrency world demonstrate the huge wealth creation potential in the cryptocurrency market, while also highlighting market volatility and risks. Early holding and long-term persistence are common features of many successful cases, but market uncertainty and regulatory risks should not be ignored. While pursuing high returns, investors must remain cautious and rational, constantly learning and adjusting strategies to adapt to the rapidly changing market environment.
### references
1. CoinDesk. "Ripple's $55 Billion XRP Escrow Will End 'Uncertainty' Around Supply." [Link](https://www.coindesk.com/ripples-55-billion-xrp-escrow-will-end-uncertainty-around-supply)
2. CoinTelegraph. "Tezos (XTZ) Analysis: After the Hard Times, What's Next?" [Link](https://cointelegraph.com/tezos-analysis-after-the-hard-times-whats-next)
3. Decrypt. "How Synthetix Works: Creating Synthetic Assets on Ethereum." [Link](https://decrypt.co/how-synthetix-works)
4. Binance Academy. "What is Polkadot (DOT)?" [Link](https://academy.binance.com/what-is-polkadot)
